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Stock market update: Tech Mahindra, HCL Tech, TCS keep Nifty IT index in the green

NEW DELHI: Shares of Tech Mahindra (up 1.83 per cent), Infib..

NEW DELHI: Shares of Tech Mahindra (up 1.83 per cent), Infibeam Avenues (up 1.06 per cent), HCL Technologies (up 0.93 per cent) and Tata Consultancy Services (TCS) (up 0.19 per cent) were trading with gains in afternoon trade on Friday.

The Nifty IT index was trading 0.35 per cent up at 15,098 around 12:40 pm.

However, Mindtree (down 2.08 per cent), Tata Elxsi (down 0.45 per cent) and KPIT Technologies (down 0.40 per cent) were losing out.

Shares of Infosys (up 0.03 per cent), Wipro (down 0.09 per cent) and Oracle Financial Services Software (down 0.03 per cent) were trading nearly flat around that time.
Equity market was in the green amid positive global cues after US and China agreed to hold talks later this month on trade-related disputes.

Benchmark NSE Nifty50 index was up 86 points at 11,471, while the BSE Sensex was up 287 points at 37,950.

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.

Grasim Industries, Vedanta, Lupin, YES Bank and Tata Steel were among the top gainers, while GAIL (India), Bharti Airtel, ONGC, Power Grid Corporation of India and Bajaj Finance were among the top losers in the Nifty index.

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